Success Lifestyle Magazine Issue 8 - April 2020 | Page 54

What advice would you give to a novice entrepreneur? 1. Do market research before selling or marketing. I know it feels tedious but it makes a world of difference. I put in two years of research before I sold my first bamboo straw. I had to do my research to know the variety of bamboo that works best for straws, the correct diameter for the straws and a lot of other factors that have helped me create Bambusa’s flagship product. 2. Get a mentor. I meet with my mentor once a year. There was a meeting we had before Bambusa took off that is ingrained in my memory. We had a four hour lunch where we just talked about business. My family has lots of bamboo lands so I was considering manufacturing the bamboo straws myself. He said, “Tricia you’re not a farmer, that’s not your strength. Don’t put your energy there. You're a sales and marketing expert. You need a partner who can make the straws so that you can focus on the other areas of business.” To be honest, I was pissed initially because I felt he was throwing cold water on my vision. But, I listened and it’s the best advice I’ve gotten to this day. The first 1,000 Bambusa straws we made ourselves but we quickly realised that, given the demand and Issue �: April ���� ��